Centreville Bank Charitable Foundation Awards $319,864 in grants to 37 organizations in RI and CT
January 14, 2022
Bringing the total annual giving amount to over $1.1 million for 2021
(West Warwick, RI) January 13, 2022 – The Centreville Bank Charitable Foundation has awarded $319,864 in funding to 37 organizations in Rhode Island and Connecticut, today announced Harold M. Horvat, bank President, CEO and Chairman.
This round of charitable giving brings total grants awarded to $1,114,764 for 2021, the largest annual giving amount in bank history, and the second year in a row surpassing the million-dollar milestone.
“Centreville Bank is fortunate to be in a position to help the people of Rhode Island and Eastern Connecticut through these vital organizations, particularly as communities are still feeling the effects of the COVID-19 pandemic and when the need is so great,” said Horvat. “These fourth-quarter Charitable Foundation grants are assisting with such critical issues as food and housing insecurity, literacy and education, and health and well-being. We’re proud that we’ve been able to provide over $1 million again this past year to such indispensable institutions, and hope it makes a difference in the communities we serve.”
Included in this round of community support is a $100,000 grant to Shri Studio, Pawtucket. The funding will support expansion of social services including affordable housing and community hub space for the 390 Pine Street Initiative in Pawtucket.
Alison Bologna, Founder and Executive Director of Shri Studio said, “We are deeply grateful to the Centreville Bank Foundation for this incredible support. The COVID pandemic created real challenges for the construction of Shri at 390 Pine Street because of the rising costs of construction materials. But now, thanks to this support, we are moving forward to revitalize this historic mill, activating a neighborhood, with what will soon become a creative live, work, wellness community to benefit thousands of Rhode Island residents with wrap-around holistic services.”